Currency Forecast


Daily Forecast ( Date: 01-07-2022)


RBI Intervention was seen with crude and US bond Yields down can put some pressure on UsdInr.Expected range for the day: 78.90-79.20.Intra-day Bias: Rangebound

Weekly Forecast (27-06-2022 to 01-07-2022)


Dollar Index saw a pullback, Improvment in US Yields and Crude fall can be positive for INR. Weekly Key support level is near 78 and 77.85. Resistance near 78.40 and 78.55 levels

Monthly Forecast (June 2022)


Range for June Month can be 76.5-78.5. FRESH ALL TIME HIGH IN USDINR so mometum is on upside

End of the Day Analysis


End of the day Forecast will be available soon.

Disclaimer:

Currency forecasts are based on technical and fundamental analysis and taken from some trusted sources. IBR Live does not make its on forecasts. Forecasts may change frequently based on present facts and future events and may differ from actual prices. One should not fully rely on the above forecasts while making any financial decision. IBR live takes no responsibility on making any financial decisions based on the above forecasts.